Page 73 - Book3E

Seal the most important original documents in airtight and waterproof plastic bags or containers to prevent water damage. Be aware that safe deposit boxes are water resistant but not waterproof.
Prepare one or more emergency evacuation bags. Most of what you’re likely to pack inside will be related to personal safety—first aid kits, prescription medications to last several days, flashlights and so on. But your emergency kit also is the place to keep some essential financial items and documents, such as cash, checks, copies of your credit cards and identification cards, a key to your safe deposit box, and contact information for your financial services providers. Also periodically review the contents of the bag to make sure the contents are up to date. It won’t do you any good if the checks are for a closed account. Make sure each evacuation bag is waterproof and easy to carry, and that it’s kept in a secure place at home.
What Else to Consider
Sign up for direct deposit. Having your paycheck and other payments transmitted directly into your account will give you better access to those funds by check or ATM because you won’t have to deliver the deposit to the bank or rely on mail service, which could be delayed. Note: There could be delays in the processing of direct deposits in a disaster situation but the problem is usually fixed within a reasonable time frame.
Arrange for automatic bill payments from your bank account. This service enables you to make scheduled payments—such as your phone bill, insurance premiums and loan payments—and avoid late charges or service interruptions.
Consider signing up for Internet banking services. This also makes it possible to conduct your banking business without writing checks.
Review your insurance coverage. Make sure you have enough insurance to cover the cost to replace or repair your home, car, and other valuable property.
When Disaster Happens 65